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OneSpan OSPN Digital Agreements — R&D

Other segment segments

Cybersecurity
$5.94M

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Other financials

Income statement

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Revenue$65.9M+4.1%
Gross profit$48.5M+3.0%
Operating income$14.8M-13.8%
Net income$11.6M-20.3%
EPS (diluted)$0.30-18.9%

Balance sheet

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Cash & equivalents$49.8M-52.8%
Total debt$8.0M-10.7%
Total equity$272.0M+17.7%
Total assets$383.1M+14.8%

Cash flow

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Operating cash flow$28.2M-4.1%
CapEx$3.1M+91.9%
Free cash flow$25.1M-9.7%

Valuation

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Market cap$603.27M+20.4%
Enterprise value$561.47M+34.5%
P/E8.6×+0.3×
P/S2.5×+0.4×

Profitability

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Gross margin73.6%+1.5pp
Operating margin18.8%-1.1pp
Net margin28.5%+4.4pp
FCF margin19.5%-1.3pp

Returns & leverage

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Return on equity27.8%-1.1pp
Debt / equity0.0×
Current ratio1.3×-0.7×

Where this comes from

Reported directly by OneSpan in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: OneSpan’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 5:11 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001044777-26-000019
(In thousands, except percentages)CybersecurityDigital AgreementsCorporate and OtherTotal
Gross profit35,90612,60848,514
Gross margin74%72%*74%
Sales and marketing8,4893,43375712,679
Research and development5,9412,8203179,078
Other segment items (1)(3)6911,07310,17611,940
Operating income (loss) (2)(4)20,7855,282(11,250)14,817
Interest (expense) income, net(19)
Other income (expense), net(386)

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is OneSpan's digital agreements — R&D?
OneSpan (OSPN) reported digital agreements — R&D of $2.82M in Q1 2026.
How has OneSpan's digital agreements — R&D changed year-over-year?
OneSpan's digital agreements — R&D decreased by 6.2% year-over-year, from $3.01M to $2.82M.
What is the long-term trend for OneSpan's digital agreements — R&D?
Over 3 years (2022 to 2025), OneSpan's digital agreements — R&D has grown at a -0.0% compound annual growth rate (CAGR), from $11.72M to $11.71M.
What does digital agreements — R&D mean?
This metric quantifies the investment in engineering, product design, and innovation specifically allocated to the Digital Agreements segment. It indicates the company's commitment to maintaining a competitive advantage through technological advancement.

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